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Ravens starting cornerbacks Jimmy Smith and Lardarius Webb were absent from an organized team activity practice Wednesday.

OTAs have purpose, but only under certain circumstances. For veterans, being a no-show is no big deal. Their basic game plan is to show up for one of the three, then the mandatory minicamp and then training camp.

Inside linebacker Daryl Smith was a player many thought they might not see for the first of three optional workouts. Then in walked Smith, admittedly "running a little behind" but in Owings Mills, ready to show an increasingly young defensive core that even veterans can benefit from OTAs.

Now that veteran cornerback Cassius Vaughn has officially joined the Ravens on a one-year, $825,000 contract, he's intent on proving that he's a worthy investment.

The Ravens had generally high attendance at their organized team activity with the exception of the entire starting offensive line being absent from the voluntary practice Thursday.

The Ravens have agreed to terms with veteran cornerback Cassius Vaughn, according to sources.

The Ravens are $7.384 million under the NFL salary-cap limit of $143.28 million.

Though the Ravens filled several needs in the draft, team officials continue to work to try and add a cornerback with former New England Patriot Kyle Arrington now available.

Veteran corner Kyle Arrington isn't officially available yet, but his release from the New England Patriots is imminent and the Ravens could have interest.

All eyes were on the Ravens' wide receivers at the rookie minicamp over the weekend.

Retired Ravens star free safety Ed Reed had a measured take on the controversy surrounding the New England Patriots and Tom Brady following an investigation that found the Super Bowl winning quarterback probably was aware of team employees deflating footballs.

Ravens general manager Ozzie Newsome hasn't sugarcoated his take on the 2013 first-round safety and former University of Florida consensus All-American Matt Elam following two disappointing NFL seasons.

Ravens veteran Steve Smith is excited that the team drafted two receivers, too. But he cautions that it will be a big jump for rookies.

Former Oklahoma cornerback Julian Wilson broke his leg Friday and will undergo surgery, according to sources.

The Ravens have invested heavily in the cornerback position this offseason, signing Jimmy Smith to a four-year, $48 million extension. The Ravens also restructured cornerback Lardarius Webb's contract. They didn't draft a cornerback until the fourth round.

Several players who are in town are scheduled to attend the game, including Webb, wide receiver Steve Smith and former Ravens players Ed Reed, who officially retired from the NFL on Thursday after signing a one-day contract with the Ravens, San Francisco 49ers wide receiver Torrey Smith, Detroit Lions safety James Ihedigbo and Lions linebacker Josh Bynes.

Until April 30, the first round of the 2015 NFL draft, The Baltimore Sun will examine the Ravens¿ depth at each position, the potential of them adding to that spot early in the draft and some of the players who they could target.

The Ravens have a strong track record of finding players in the bottom third of the round. Here's a look at five possible first-round scenarios for the Ravens, including potential trades.

General manager Ozzie Newsome stood next to Jimmy Smith at the Ravens' training complex a week ago and broke into a wide smile moments after the cornerback signed a four-year, $48 million contract extension.

As they prepare for this year's draft, which gets underway with Thursday's first round, the Ravens seemingly have more needs on offense than defense. They want another running back and a tight end and they are thin on outside targets for quarterback Joe Flacco. If there was a draft where the Ravens would target offense, this would seemingly be it.

That included Ravens Pro Bowl inside linebacker C.J. Mosley and former Ravens wide receiver Torrey Smith, defensive tackle Tony Siragusa and defensive end Michael McCrary.

Following their four-year, $48 million contract extension for cornerback Jimmy Smith, the Ravens are $10.673 million under the NFL salary-cap limit of $143.28 million.

A list of players linked to the Baltimore Ravens in the 2015 NFL Draft

The Ravens expressed confidence that with their 10 picks, they will able to fill some of their primary needs in the 2015 NFL draft. They are thin at wide receiver, tight end and cornerback. Team officials want to add another pass rusher, too.

The Ravens are $7.685 million under the NFL salary-cap limit of $143.28 million. That includes a $2 million salary-cap figure for new backup quarterback Matt Schaub.

During a conference call with Ravens' season ticket and personal seat license holders Wednesday night, Bisciotti said he would be excited if the team came out of the April 30 first round with a third pass-rushing threat, joining Terrell Suggs and Elvis Dumervil.

When veteran cornerback Lardarius Webb recently restructured his contract, he did so with the intention of finishing his career with the Ravens.

The Ravens are $7.875 million under the NFL salary-cap limit of $143.28 million, a solid financial situation at this stage of the offseason.

Ravens coach John Harbaugh met with reporters for about an hour on the second day of the NFL owners meetings at the Arizona Biltmore hotel. Here are a couple of tidbits.

Ravens veteran cornerback Lardarius Webb's restructured three-year contract includes $5.25 million in guaranteed money with lower salary-cap figures.

Free agency has quieted down significantly, but the Ravens aren't going to rely entirely on the draft to fill their needs.

The Ravens have restructured starting cornerback Lardarius Webb's five-year, $50 million contract to reduce his $12 million salary-cap figure, according to league sources.

The fact that the Ravens have sustained so many free-agent losses shouldn't be a big surprise, but their failure to add a wide receiver or a cornerback to this point is highly unexpected.

Ravens cornerback Lardarius Webb talked about his contract, the Haloti Ngata trade, and the impact of his Ed Block Courage Award weekend Monday.

NFL stars from across the league are in Baltimore for the Ed Block Courage Awards, and as part of the community service aspect of the weekend, they spent parts of Sunday and Monday with city children.

NFL stars, like Rob Gronkowski, Calvin Johnson and Jeremy Maclin, will be in Baltimore for the Ed Block Foundation's annual event.

Now that the Ravens are roughly $9.835 million under the NFL salary cap limit of $143.28 million, league sources indicated that a major spending spree isn't in the offing.

With the start of the new NFL year looming this afternoon, the Ravens had not reached an agreement Monday night on new contracts with defensive tackle Haloti Ngata and cornerback Lardarius Webb, whose current deals will make it extremely difficult for the organization to be active in free agency.

As many free agents selected a new home or agreed to stay at their old one, the Ravens didn't resolve any of their key questions over the weekend.

Annually lacking the salary cap space to make major outside additions and content to reward their own players while building through the draft, the Ravens traditionally stay quiet through the first couple days of free agency when money changes hands at an eye-popping rate.

Now that the Philadelphia Eagles have released veteran cornerback Cary Williams rather than pay him a $6.5 million base salary next season, the feisty defensive back is an option worth exploring for the Ravens.

The NFL has established a salary cap limit of $143.28 million, an increase of $10 million from a year ago.

The Ravens cut veteran defensive end Chris Canty on Friday morning, a transaction that saves the team $2.66 million against the salary cap.

The Ravens are $3.889 million under the projected salary cap limit of $143 million.

The Ravens spent up to 98.54 percent against the salary cap over the past two years, well above the minimum requirement.

The Ravens made their first of what promises to be several roster moves today by releasing former Super Bowl XLVII hero Jacoby Jones.

The Ravens' offseason roster boasts several options to return kicks, all of whom present their own question marks about whether each is the man to replace Jacoby Jones.

Ravens officials didn't give up a whole lot, but they made it clear that they are prepared to lose several key players.

On Thursday at the annual State of the Ravens address, Steve Bisciotti, seated alongside Ravens president Dick Cass, general manager Ozzie Newsome and head coach John Harbaugh, was relaxed, introspective and clearly excited about the future of the organization.